Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply

getring insurance for properties held in foreign state
Hi and thank you in advance for your help.
I have an LLC in state A. It is fully registered, has EIN, bank account, everything.
I am planning to purchase a buy-to-let property in state B. I am told that I can't buy this property through the LLC registered in state A because I will not get an insurance. Insurance companies will demand that LLC and property be located in the same state. That absurd LLC in state A can be registered in state B a foreign entity. That's I was planning to do.
> Does anyone know about insurance companies practice ?
thanks Jack